Sands China (OTCMKTS:SCHYY) Lowered to “Hold” Rating by Citigroup

Citigroup lowered shares of Sands China (OTCMKTS:SCHYY) from a strong-buy rating to a hold rating in a research note published on Monday morning,Zacks.com reports.

Sands China Trading Down 4.0 %

Shares of OTCMKTS SCHYY opened at $20.77 on Monday. The business’s 50 day moving average is $25.15 and its 200-day moving average is $23.11. The company has a current ratio of 1.55, a quick ratio of 1.53 and a debt-to-equity ratio of 15.44. Sands China has a 1-year low of $17.02 and a 1-year high of $31.31.

Sands China Company Profile

Sands China Ltd. develops, owns, and operates integrated resorts and casinos in Macao. It owns and operates The Venetian Macao, The Londoner Macao, The Parisian Macao resort, The Plaza Macao, and The Sands Macao casino; the Cotai Expo, a convention and exhibition hall; and the Cotai Arena and the Londoner Arena entertainment venues, as well as Cotai Water Jet ferry for leisure and business travelers.